Social Security Administration announces 2026 COLA benefit increase of 2.8%
The 2.8% cost-of-living adjustment will raise average monthly Social Security benefits by $56 to help offset inflation, benefiting 75 million Americans in 2026, the SSA said.
- On July 18, the Social Security Administration announced a 2.8% COLA for 2026, affecting payments for 75 million Americans in the United States.
- COLA calculations use inflation data, with the SSA announcing the 2026 increase based on government inflation figures.
- SSA announced a 2.8% increase, with officials saying it results in an average rise of more than $56 per month for retirees, covering Social Security and SSI beneficiaries.
- The adjustment immediately recalibrates beneficiaries' purchasing power, as SSA officials say it ensures payments keep pace with rising costs and inflation.
- The change affects an estimated 75 million Americans, federal officials said, illustrating how COLA links inflation readings to benefit adjustments.
264 Articles
264 Articles
Social Security benefits will see boost of 2.8%
WASHINGTON — The Social Security Administration’s annual cost-of-living adjustment will go up by 2.8% in 2026, translating to an average increase of more than $56 for retirees every month, agency officials said Friday.
Social Security payments to go up 2.8% next year while polls show three-fourths of seniors think 3% isn't enough to keep up with rising prices
The Social Security Administration’s annual cost-of-living adjustment will go up by 2.8% in 2026, translating to an average increase of more than $56 for retirees every month, agency officials said Friday. The benefits increase for nearly 71 million Social Security recipients will go into effect beginning in January. And increased payments to nearly 7.5 million people receiving Supplemental Security Income will begin on Dec. 31. Friday’s announc…
Social Security recipients to get a 2.8% cost-of-living boost in 2026
WASHINGTON — The Social Security Administration's annual cost-of-living adjustment will go up by 2.8 percent in 2026, translating to an average increase of more than $56 for retirees every month, agency officials said Oct. 24.
Social Security Cost of Living Adjustment Arrives, But Price Data Isn’t Being Updated
The Social Security Administration will increase benefits by 2.8% in 2026, an annual cost of living adjustment that former administration officials and advocates worried the government shutdown would delay.Nearly 71 million Social Security recipients will receive their increased benefits on time in January, and while the boost to their paycheck was saved, other important inflation work is falling victim to the shutdown, now in its 24th day.Frida…
Social Security payments will see these 3 changes in 2026: What to know about updates to benefits
The rules for collecting Social Security are changing in 2026. Two of the most important things to know if you’re collecting benefits: Your monthly check payments will increase, and if you’re planning on collecting benefits before retirement age and still plan to work, your checks could be reduced or even paused. For more on this, read on. The 2026 cost-of-living adjustment will increase benefits Social Security benefits and Supplemental Securit…
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